StokesLaw™ Briefs

On November 22, 2016, a federal judge in Texas granted a nationwide preliminary injunction that prevents new Department of Labor overtime rules from going into effect on December 1. Krista Nelson explains what employers should do now.

On November 8, 2016, Washington voters approved mandatory sick leave for employees and a statewide minimum wage increase. Initiative 1433 passed with a 59 percent voter approval rate, according to the most recent election tally, and will require many Washington employers to make significant changes. Krista Nelson explains what steps employers should take to prepare for these changes.

Proposed regulations under the Internal Revenue Code are designed to eliminate or significantly reduce the discounts that will be available when valuing interests in family-owned entities for gift, estate and generation-skipping transfer tax purposes. Katie Groblewski explains the implications.

The Department of Labor has issued new rules for overtime pay, which go into effect in December. Krista Nelson and Kelby Fletcher outline the new rules and the options employers will need to consider.

On February 23, 2016, a three-judge panel of the Ninth Circuit ruled in a long-awaited decision that the Department of Labor can regulate the tip pooling policies of employers around the country. Aviva Kamm and Krista Nelson explain the ruling's impact on employers.

The new Limited Liability Act, effective January 2016, is designed to simplify the process of entity formation and offer greater flexibility in the organizational structure. Practitioners should take this opportunity to re-evaluate their approach to advising clients on formation and management issues to account for changes in the Act.